Private Management Group Inc increased its stake in Colfax Corp (CFX) by 348.99% based on its latest 2018Q4 regulatory filing with the SEC. Private Management Group Inc bought 636,992 shares as the company’s stock rose 8.93% with the market. The institutional investor held 819,517 shares of the fluid controls company at the end of 2018Q4, valued at $17.13M, up from 182,525 at the end of the previous reported quarter. Private Management Group Inc who had been investing in Colfax Corp for a number of months, seems to be bullish on the $3.36 billion market cap company. The stock increased 1.45% or $0.41 during the last trading session, reaching $28.64. About 1.12 million shares traded. Colfax Corporation (NYSE:CFX) has declined 16.52% since March 15, 2018 and is downtrending. It has underperformed by 20.89% the S&P500.

Since September 30, 2018, it had 52 insider purchases, and 0 sales for $156,793 activity. The insider OATES JOSEPH P bought 7 shares worth $551. Another trade for 29 shares valued at $2,229 was made by Moore Elizabeth D on Wednesday, October 31. $2,283 worth of stock was bought by Sanchez Robert on Thursday, January 31. 51 shares were bought by Shukla Saumil P, worth $4,053. $4,507 worth of Consolidated Edison, Inc. (NYSE:ED) shares were bought by Cawley Timothy. The insider McAvoy John bought $2,306.

Analysts await Consolidated Edison, Inc. (NYSE:ED) to report earnings on May, 2. They expect $1.43 earnings per share, up 4.38% or $0.06 from last year’s $1.37 per share. ED’s profit will be $459.15M for 14.92 P/E if the $1.43 EPS becomes a reality. After $0.77 actual earnings per share reported by Consolidated Edison, Inc. for the previous quarter, Wall Street now forecasts 85.71% EPS growth.

Tobam, which manages about $5.57 billion and $2.08B US Long portfolio, upped its stake in Wheaton Precious Metals Corp by 52,300 shares to 321,300 shares, valued at $6.27M in 2018Q4, according to the filing. It also increased its holding in Hershey Co/The (NYSE:HSY) by 36,044 shares in the quarter, for a total of 208,532 shares, and has risen its stake in Advanced Micro Devices (NASDAQ:AMD).

Private Management Group Inc, which manages about $2.22B and $1.83 billion US Long portfolio, decreased its stake in Allergan Plc by 7,942 shares to 258,156 shares, valued at $34.51 million in 2018Q4, according to the filing. It also reduced its holding in Jbg Smith Pptys by 468,824 shares in the quarter, leaving it with 143,763 shares, and cut its stake in Ishares Tr (IBB).